Corporate Social Responsibility Project

Aquatic Animal Hatchery Learning Center

Aquatic Animal Hatchery Learning Center to promote economic aquatic animal aquaculture has been transformed from crab hatchery learning center in Songkhla province. With collaboration from government offices and community, the learning center is initiated to transfer knowledge and promote conservative fishing for communities in 17 coastal provinces in the Gulf of Thailand. Through the center, a marine resource conservation network is established, to conserve and promote sustainable fishing and integrated technology in the enhancement of local fishing groups’ knowledge.

In 2023, PTTEP's Aquatic Animal Hatchery Learning Center Project was expanded to cover 11 provinces along the Gulf of Thailand. The centers, 12 in total, are located in Songkhla, Pattani, Nakhon Si Thammarat, Surat Thani, Prachuab Khiri Khan, Phetchaburi, Samut Songkhram, Chumphon, Rayong, Chanthaburi and Chonburi provinces. PTTEP plans to increase the number of learning centers to 19, to cover all 17 coastal provinces along the Gulf of Thailand.

To date, PTTEP has extended supports for the establishment of a coastal and marine resource conservation network that now covers 4,621 members. A number of 29 fish home has been installed along the coastal conservation area of 14.8 square kilometers. Through these learning centers, knowledge on crab and aquatic animal hatchery has been extended to all interested persons. In total, there are 70,000 visitors at the Learning Centers. The fishermen's revenue is increased to THB 80,768 or USD 2,485 per household per year and about 27,900 million juvenile crabs have been released back to nature.

PTTEP has carried out analysis on Social Return on Investment (SROI) of this project by measuring the social impact of the program with the financial quantification calculation (monetization). This method is intended to measure the value of the financial impact of the program that compares to the value of the impact to the cost of the program that has been invested into.

It appears that the value of the SROI ratio is 4.13: 1